Market Watch: Nvidia Earnings, Tariff Threats, and Inflation Data Loom

Nvidia’s quarterly earnings report on Wednesday takes center stage, with Wall Street anticipating $43.3 billion in revenue—a staggering 66% year-over-year increase from $26 billion. The semiconductor giant’s performance could Ripple through tech-linked crypto assets like AI tokens and GPU-mining related coins.

Trade tensions escalate as former President TRUMP proposes 25% tariffs on non-US manufactured Apple products and 50% duties on EU goods. Such protectionist measures may disrupt global supply chains, potentially driving capital toward decentralized finance alternatives.

Friday’s PCE inflation data—the Fed’s preferred gauge—is expected to show Core inflation easing to 2.5% from 2.6%. A cooler print could revive risk appetite across digital assets, while hotter numbers may extend crypto’s correlation with traditional risk assets.